Source: Jimmy Kimmel Live
Joshua M Brown
S&P 500 names with the largest off-balance sheet tax liabilities
Credit Suisse notes that the mountain of earnings being accumulated and hoarded overseas by US corporations is now over $2 trillion. Further, they get into a discussion about how a lot of S&P 500 companies to decline to provide a tax liability estimate for these overseas earnings when reporting to the SEC each quarter. They…
Hot Links: A Conspiracy of Bulls
What I’m reading this morning
Check out the Madness Machine @WSJ
This is a lot of fun – a quantitative tool allows you to build a data-driven bracket in under 60 seconds. It’s especially helpful if you’re one of those people with a life and you don’t know all 64 teams in round one like the back of your hand. Props to Geoff Foster, Lakshmi Ketineni and…
QOTD: Miraculously alive and well
Read on at the link above for more on Roger Ochs’s analogy between tax preparation software and robo-advice.
The US Dollar Has No Definitive Effect on the S&P 500
Strong dollar – good or bad for stocks? Unfortunately, there’s no definitive answer based on history. It’s different every time. Goldman Sachs’s Portfolio Strategy Research group mentions that virtually all substantive client discussions over the last week have been about the impact of the US dollar on our economy, corporate profits and stock prices. They…
Give me equity or give me death!
LOL
Hot Links: Protest and Potential
What I’m reading this morning
QOTD: Dead Unicorns
There is no fear in Silicon Valley right now
This Week On TRB
Cartoon by Bruce Plante, Tulsa World These were the most read posts on TRB this week, in case you missed them: